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The Việt Nam-EU Free Trade Agreement (EVFTA) has been a milestone during the 30-year relationship between the Southeast Asian country and the European Union, ushering in a new era of bilateral cooperation and development.

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The development strategy of the textile and garment industry until 2030 with a vision to 2035 has clearly identified that exports will continue to be a major and crucial driving force for the sector's growth.

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Thanks to high demand, Northern Europe is a promising land for Vietnamese agricultural products, according to experts who also underlined the need for domestic firms to ensure product standards to win this potential market.

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On August 30, the General Department of Customs, in collaboration with the Academy of Finance, organised a national seminar with the theme: "The role of finance in supporting export-import businesses in the new situation."

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The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20% of regulations and cut at least 20% of compliance costs related to business activities and eliminate unnecessary regulations by 2025.

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Despite constituting a significant proportion, domestic logistics enterprises only hold about 30% of the market share, with the remaining belonging to foreign units. To create a competitive edge, alongside proactive transformation and adaptation to new trends by enterprises, support is required from multiple aspects.

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The UAE and Vietnam are preparing to finalise their proposed CEPA agreement

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The US Food Safety and Inspection Service (FSIS) recently conducted a thorough review of the food hygiene and safety management system pertaining to Vietnamese tra fish exports to the US, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

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Việt Nam is soon to introduce a new set of national criteria aimed specifically at speeding the development of green industries, in line with international standards, according to the Ministry of Planning and Investment (MPI).

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